The U.S. cryptocurrency market could potentially expand to $20 trillion following the passage of a new market structure bill, according to a White House official. Senate Democrats recently reviewed a GOP compromise proposal on crypto regulations, with the Senate Banking Committee planning a markup session for late December 2025. The proposed legislation aims to classify Bitcoin and Ethereum as digital commodities under the oversight of the Commodity Futures Trading Commission (CFTC), shifting them away from the Securities and Exchange Commission's (SEC) jurisdiction.
Consumer protection remains a significant issue in the ongoing bipartisan discussions. The House of Representatives passed the Digital Asset Market Clarity Act in July 2025 with bipartisan support. Additionally, President Trump signed an executive order in January 2025, banning federal central bank digital currencies (CBDCs) and establishing a Strategic Bitcoin Reserve, which currently holds approximately 207,000 Bitcoin.
U.S. Crypto Market Could Reach $20 Trillion Amid Regulatory Progress
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